Despite the general cutbacks, the foundation will continue to provide grants for minority students after the regular fellowships end, Schwilck said.

"No profession is more underrepresented in terms of minorities than college teaching," he added.

Dog Days

Mary M. Murphy, director of admissions and financial aid at the School of Education, said yesterday, "We feel badly about the Danforth money being lost as a source of funding, especially since teaching involves a long education and is not a big paying field."

The foundation's cutbacks will not have a major effect at Tufts University, Christine E. May, a spokesman for the dean's office of undergraduate studies, said yesterday.

"It hasn't been like we've had 1000 students a year applying for this grant. In fact, I don't think we've had a Danforth student here in the last three years," May said.

William H. Danforth, founder of the Ralston Purina Company, established the foundation in 1927 and included his company's stock as a major part of the foundation's holdings. Currently, Ralston Purina Stock accounts for about 80 per cent of the foundation's capital